Net Cash Provided by (Used in) Invest­ing Activities

The net cash outflow for investing activities in 2017 amounted to €432 million (2016: €8,729 million).

Additions to property, plant and equipment and intangible assets in 2017 resulted in a cash outflow of €2,366 million (2016: €2,578 million). Cash inflows from sales of property, plant and equipment and intangible assets amounted to €241 million (2016: €111 million).

The proceeds of €999 million from the sale of Covestro shares as of September 29, 2017, which, together with the control termination agreement concluded, led to the de facto loss of control, less the cash of €637 million derecognized with Covestro, resulted in a cash inflow of €362 million from divestments. The sale of some of these shares by the banks in December 2017 resulted in a further cash inflow of €37 million.

The net cash inflow from noncurrent and current financial assets amounted to €1,230 million (2016: net cash outflow of €6,335 million).